AFG: Builds and upgrades transformer stations
2026-06-29 14:55:00
AF Elkraft, a subsidiary of AF Gruppen, has been awarded contracts by Statnett
for the establishment of high-voltage installations at the transformer stations
in Tønsberg, Eiker and Hof. The award is subject to a 10-day standstill period.
The contracts are turnkey contracts, covering engineering, procurement and
construction of high-voltage installations at the three sites. The projects form
part of Statnett's ongoing investments to strengthen capacity and security of
supply in the power system in Southern Norway.
Engineering work will commence in summer 2026, with construction scheduled to
start in early 2028 and planned completion towards the end of 2030.
The combined contract value is slightly above NOK 500 million, excluding VAT,
plus options.
"This award confirms our competitiveness in complex power grid projects and our
ability to deliver in line with Statnett's requirements for safety, quality and
execution. Demand in this segment is increasing, supporting further growth
opportunities," says Tormod Solberg, EVP of AF Gruppen.
The contracts strengthen AF Gruppen's position within the energy sector and
support a solid project portfolio in a market driven by electrification and
growing demand for grid investments.
For further information:
Tormod Solberg, EVP, AF Gruppen, tel. +47 950 59 495
Helge Rysjedal, CEO, AF Elkraft, tel. +47 930 27 774
edal\, CEO\, AF Elkraft\, tel. +47 930 27 774\